ASHFORD INC. AINC Income Statement

Ashford inc. (AINC)

Income statement / TTM

Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14
REVENUE
Total revenues
291,250	234,651	219,327	210,672	195,520	163,799	141,873	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-
Advisory services
-	-	-	-	-	-	-	-	-	-	-	66,334	-	64,614	62,527	58,948	58,546	49,651	38,331	27,755	17,144	0	0	0
Audio visual
-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-
Other
-	-	-	-	-	-	-	-	-	-	-	877	-	363	408	324	435	495	339	339	144	0	0	0
Total revenue
-	-	-	-	-	-	-	-	-	-	-	67,211	-	64,977	62,935	59,272	58,981	50,146	38,670	28,094	17,288	0	0	0
EXPENSES
Salaries and benefits
59,659	43,218	43,940	41,493	45,310	74,267	69,166	64,820	49,335	53,426	49,640	54,260	52,436	49,693	43,453	33,157	41,442	51,029	54,873	65,010	57,627	0	0	0
Cost of revenues
-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Depreciation and amortization
24,542	20,549	15,147	11,406	7,919	5,527	3,136	2,530	1,958	1,907	1,598	0	-	0	0	-	-	-	-	-	-	-	-	-
Depreciation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	942	-	617	713	401	359	0	0	0
General and administrative
33,484	28,190	31,481	29,238	27,551	24,044	15,710	11,532	8,886	16,980	16,521	15,662	16,454	14,879	17,948	18,402	18,091	17,180	11,903	8,817	5,600	0	0	0
Impairment
0	0	0	0	1,919	1,919	1,919	2,991	1,072	1,072	1,072	0	-	0	0	-	-	-	-	-	-	-	-	-
Other income (expense)
-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	0	-	-	-	-	-	-
Other
12,062	10,404	5,989	3,743	3,250	3,707	3,640	2,999	2,153	0	0	0	-	-	-	-	-	-	0	0	-	0	0	-
Other
-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-
Total expenses
302,480	233,136	222,515	203,933	196,359	187,344	155,870	130,150	92,095	74,091	69,169	71,292	70,064	65,670	62,216	52,501	60,332	68,826	67,489	74,228	63,586	0	0	0
OPERATING INCOME (LOSS)
-11,230	1,515	-3,188	6,739	-839	-13,134	-3,970	-13,422	-10,522	-2,676	-471	-4,081	-2,457	-693	719	6,771	-1,351	-18,680	-28,819	-46,134	-46,298	0	0	0
Equity in earnings (loss) of unconsolidated entities
-286	-109	-573	-275	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-
Realized gain (loss) on investment in unconsolidated entity
-	-	-	-	-	-	-	-	-	-	-	-	-3,601	-3,601	-3,601	-3,601	0	0	0	0	-	-	-	-
Unrealized gain (loss) on investment in unconsolidated entity
-	-	-	-	-	-	-	-	-	-	-	-	2,141	3,020	1,066	0	-2,141	0	0	0	-	-	-	-
Interest expense
2,059	1,564	1,397	1,113	959	665	381	226	83	11	6	0	-	0	0	-	-	-	-	-	-	-	-	-
Amortization of loan costs
308	278	333	287	241	192	77	62	39	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Interest income
46	70	173	237	329	379	358	323	244	182	121	93	73	194	323	364	352	202	52	1	0	0	0	0
Dividend income
-	-	-	-	-	-	-	-	93	184	217	250	170	464	791	924	917	532	172	6	0	0	0	0
Unrealized gain (loss) on investments
-	-	-	-	-	-	-	-	203	1,347	1,634	1,322	2,326	9,543	1,395	-1,408	-2,490	-10,851	-2,990	47	0	0	0	0
Realized gain (loss) on investments
-	-	-	-	-	-	-	-	-294	-3,336	-4,064	-3,500	-10,113	-13,251	-12,488	-11,921	-5,110	1,070	1,035	-2	0	0	0	0
Other income (expense)
-	611	669	848	-	385	312	104	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
INCOME (LOSS) BEFORE INCOME TAXES
-13,834	-977	-5,987	4,453	-2,544	-13,997	-4,382	-13,507	-10,471	-4,378	-2,612	-5,958	-11,623	-4,488	-12,089	-9,154	-9,978	-30,882	-31,626	-46,082	-46,298	0	0	0
Income tax (expense) benefit
1,540	2,658	-10,949	-9,770	-10,364	-11,118	2,761	9,799	9,723	9,468	10,068	770	780	1,126	1,587	2,475	2,066	2,239	1,212	999	783	0	0	0
NET INCOME (LOSS)
-15,374	-3,635	4,962	14,223	7,820	-2,879	-7,143	-23,306	-20,194	-13,846	-12,680	-6,728	-12,403	-5,614	-13,676	-11,629	-12,044	-33,121	-32,838	-47,081	-47,081	0	0	0
(Income) loss from consolidated entities attributable to noncontrolling interests
-	-615	-927	-914	-	-795	-484	-556	-	-753	0	0	-	0	-	-	-	-	-	-	-	-	-	-
Net (income) loss attributable to redeemable noncontrolling interests
-983	-1,244	-1,878	-1,478	-1,438	-1,306	-638	-1,060	-1,484	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
(Income) loss from consolidated entities attributable to noncontrolling interests
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-13,103	-16,439	-	-13,800	-4,762	-1,608	-647	0	0	0
Net (income) loss attributable to redeemable noncontrolling interests
-	-	-	-	-	-	-	-	-	-	-	-	-	2	1	13	-	0	0	0	-	-	-	-
Net (income) loss attributable to redeemable noncontrolling interest in subsidiary common stock
-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-
Net (income) loss attributable to redeemable noncontrolling interests in subsidiary common stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-115	-	0	0	0	-	-	-	-
Net loss attributable to redeemable noncontrolling interests in Ashford LLC
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0
NET INCOME (LOSS) ATTRIBUTABLE TO THE COMPANY
-13,855	-1,776	7,767	16,615	10,182	-778	-6,021	-21,690	-18,352	-10,223	-8,652	-3,049	-2,396	-447	-108	4,912	-1,190	-19,287	-28,042	-45,431	-46,410	0	0	0
Preferred dividends
-	0	0	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Preferred dividends
-	-	-	0	-	-	-	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Amortization of preferred stock discount
1,928	1,765	1,705	1,221	730	303	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-
NET INCOME (LOSS) ATTRIBUTABLE TO COMMON STOCKHOLDERS
-30,218	-14,823	-3,986	8,137	4,986	2,790	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-
COMPREHENSIVE INCOME (LOSS) ATTRIBUTABLE TO THE COMPANY
-	-	-	-	-	-	-	-	-	-	-	-	-	-447	-108	4,912	-	-19,287	-28,042	-45,431	-46,410	0	0	0
Basic:
Net income (loss) attributable to common stockholders (in dollars per share)
-6.04	-3.65	-1.28	-1.06	0.09	0.67	4.26	-2.73	-3.62	-0.92	-3.32	-1.18	0.36	-0.14	-0.55	-0.86	1.35	0.03	1.97	-3.95	-	-4.39	-6.80	-
Weighted average common shares outstanding – basic (in shares)
2,203	2,580	2,462	2,419	2,382	2,109	2,095	2,094	2,068	2,022	2,019	2,015	2,015	2,014	2,011	2,008	2,006	1,991	1,985	1,982	-	1,981	1,981	-
Diluted:
Net income (loss) attributable to common stockholders (in dollars per share)
-5.48	-3.94	-3.00	-1.13	-0.38	0.18	0.93	-2.84	-3.35	-1.05	-3.85	-1.34	0.15	-0.49	-0.71	-1.51	3.02	-2.26	-1.26	-3.95	-	-4.39	-6.80	-
Weighted average common shares outstanding – diluted (in shares)
2,324	2,782	2,717	2,449	2,389	2,337	2,487	2,115	1,903	2,054	2,265	2,046	2,308	2,262	2,048	2,218	2,431	2,202	2,197	1,982	-	1,981	1,981	-
Loss attributable to common stockholders - basic and diluted
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-4.45
Weighted average common shares outstanding basic and diluted
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,981
JSAV
Total revenues
110,609	103,506	95,602	88,851	81,186	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net (income) loss attributable to redeemable noncontrolling interests
-247	-403	-917	-489	-361	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Advisory services
Total revenues
44,184	40,257	41,218	44,568	47,913	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Audio visual
Total revenue
-	103,506	95,602	88,851	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cost of revenues
-	77,955	74,615	69,407	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Project management fees
Total revenues
25,584	28,557	24,292	16,592	8,802	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cost of revenues
5,853	8,473	6,996	4,299	1,508	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other
Total revenues
21,179	17,780	13,664	16,110	13,068	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-